Countless numbers of Postal service closings announced for 2011

To cut costs, the USPS has announced that it will close 2,000 facilities this year. Because a law forbids postal service closings to cut budgets, the USPS said the closures would technically only impact rural stations and branches. Slashing costs to stem losses has not worked so far for the Postal service, which lost billions past year and is expected to lose billions more in 2011. They have been hanging on by a thread and could possibly be looking into short term loans to remain afloat. Resource for this article – Thousands of Postal Service closings announced for 2011 by MoneyBlogNewz.

Having a difficult time with the Postal service

With almost 500 postal closings under way, the Postal service has set a goal to close a total of 2,000 this year. There is expected to be the exact same amount of service in the United States to every part of the community. This is what the USPS is needed to do by law. In 2010, the agency lost $8.5 billion though. It was asked for an increase postage rates by the Postal Regulatory Commission. This was rejected though. The USPS cited the recession and Internet competition in the request, but the commission said the agency's problems were from poor management and waste. Just since 1999, there has been a cut of about 1/3 of USPS employees. To cut costs, dropping Saturday delivery and closing smaller postal locations are on the table.

Searching for postal strengthen alternatives

With 2,000 postal locations in line for the chopping block in 2011, The Postal service is re-evaluating another 16,000. There are deficits in several of these post offices currently. About 50 percent have this problem. Congress has had to hear a lot from the agency. The agency has asked that there be a change to the law that states post office closings can only take place when you find maintenance problems or expired leases. Losing the postage strengthen battle didn't stop the Postal service from trying other things. It is trying to convince politicians that 32,000 locations are too many. These buildings were created when there was no e-mail, FedEx and United Parcel Service to replace it.

Conclusion of the postal period

The amount of mail is what the Postal service needs more of. This is the only way survival will happen. Companies hardly send junk mail anymore, bills are paid online mostly and nobody writes letters anymore. It seems the only answer to the issue is to get the buildings shut down. Small towns and politicians think this is absurd and shouldn't happen. The argument is the USPS shouldn't be able to shut down the mail system, and that it should stop giving so many benefits to employees first.

Information from

Wall Street Journal

online.wsj.com/article/SB10001424052748704881304576094000352599050.html

CNN Money

money.cnn.com/2011/01/24/news/economy/postal_service_close/?npt=NP1

USA Today

content.usatoday.com/communities/ondeadline/post/2011/01/us-postal-service-set-to-begin-closing-2000-post-offices/1